What SOFERIM does

SOFERIM is an independent, founder-owned French real estate developer (SAS) established in 1989 by Jean Papahn and headquartered at 107 rue La Boétie, Paris 8e. The company specializes in the valorization, rehabilitation, and reconversion of complex, atypical, and heritage properties across three asset classes — residential, office, and hospitality — exclusively within Paris and the Île-de-France region. Its project portfolio includes the reconversion of former Banque de France archives into 101 residences (Les Jardins Bonaparte), a 13,000 m² domotized office park on a former SNCF site (Trio Daumesnil), an 18,000 m² Haussmannian office complex for BNP Paribas Assurances (Etoile du Nord), and the 48-room Drawing Hotel boutique hotel with an integrated art center at 17 rue de Richelieu.

Underlying technology and certifications center on an eco-design approach: HQE and BBC Effinergie certifications are embedded from project inception, complemented by Smart Home/building-automation services and digitalized sales and commercialization workflows. SOFERIM also integrates contemporary art into its developments through the Ministry of Culture's 'Un immeuble, une oeuvre' program and long-standing partnerships with Drawing Now Art Fair and Palais de Tokyo.

The business model is project-based and revenue derives from one-time sales of completed properties (apartments, offices, hotels, land) and delegated project-management mandates (VEFA, promotion contracts). The firm commercializes directly through in-house sales teams without intermediaries, serving institutional investors (BNP Paribas Assurances, CNP, CARCDSF, Natixis Banques Populaires, Banque de France), public actors (SNCF Immobilier, France Domaine, SOVAFIM, INRIA), and affluent individual buyers of premium residences. SOFERIM employs 12–20 multidisciplinary professionals (developers, architects, engineers, commercial staff) and reported €92M in business volume for 2019.

Name

SOFERIM

Legal name

Soferim

Website

https://soferim.com

Company type

Private

Founded year

1989

Operating status

Operating

Headcount range

11–50 employees

Short description

SOFERIM is an independent Paris-based real estate developer founded in 1989 that specializes in the valorization, rehabilitation, and reconversion of complex heritage and atypical properties into residential, office, and boutique-hotel assets across Paris and Île-de-France, serving institutional investors, public entities, and individual buyers.

Ownership category

akta.pro rank

Headquarters

HQ city

Paris

HQ country

France

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Supply Chain, Operations, Personnel, Marketing or Sales

Revenue model

1. Real Estate Development - Residential: Construction, rehabilitation and conversion of residential properties for sale to individual buyers. Direct commercialization of new apartments.
2. Real Estate Development - Commercial: Development and sale of office buildings and commercial spaces to institutional investors and businesses.
3. Hotel Development: Construction and reconversion of boutique hotels, including the Drawing Hotel project.
4. Delegated project management: Contractual delegation of project management for third-party clients including commercial sales (VEFA) and promotion contracts.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels4 records

Core offering

SOFERIM is a French real estate development company founded in 1989 that develops, rehabilitates, and converts residential, office, and hospitality properties in Paris and Île-de-France. The company carries out complex urban operations from acquisition through commercialization, including new construction, heritage rehabilitation, and site reconversion, with environmental certifications (HQE, BBC Effinergie) and Smart Home integration. It commercializes properties directly through its own sales teams to individual buyers, institutional investors, and businesses.

Product overview

SOFERIM is a French real estate development company specializing in residential, office, and hospitality properties in Paris and Île-de-France. The company operates as a property developer offering apartments for sale (Villa Gabriel, Spring Garden, Les Jardins Bonaparte, 15ème Art), office buildings for sale or lease (High Square, Quai 8, Etoile du Nord, 107 Boétie, Trio Daumesnil), and boutique hotels (Drawing Hotel, Maine Montparnasse). SOFERIM provides services including property valuation, rehabilitation of heritage buildings, and new construction, with offerings ranging from social housing to luxury residences.

Differentiator

Problem solved

Functional benefit

Products and services

• Villa Gabriel A residential development of 17 apartments ranging from studios to 4-room units at 52 avenue Gambetta in Maisons-Alfort, featuring private gardens, terraces, and balconies. Targeted at individual buyers seeking premium residential properties.
• Spring Garden A luxury residential residence at 26 rue de la Tombe Issoire, Paris 14ème, offering new high-end apartments from studios to 5-room duplexes overlooking a private 750 m² garden. Targeted at affluent individual buyers.
• Les Jardins Bonaparte A heritage reconversion project in Asnières-sur-Seine comprising 101 residential units, 1,000 m² of commercial and office space, developed from three historic industrial buildings formerly housing the Banque de France archives. Targets both individual buyers and institutional investors.
• High Square A next-generation office building of 6,450 m² across 7 levels in Paris 15ème, featuring a glass façade, landscaped gardens, planted terraces, modular divisible office floors, and smart building services. Targeted at institutional investors and businesses seeking premium office space.
• Quai 8 An office rehabilitation project in a historic 1886 railway hall at 1 rue Saint Petersbourg, Paris 8ème, offering modular office space across two levels with minimum plateaus of 3,000-3,500 m². Targeted at institutional investors and businesses.
• Drawing Hotel A 4-star boutique hotel at 17 rue de Richelieu, Paris 1er, with 48 rooms across 5 floors (1,725 m²), featuring a private contemporary art center (Drawing Lab') dedicated to contemporary drawing. Targeted at hospitality operators and boutique hotel investors.
• Maine Montparnasse A mixed-use reconversion project in Paris 14e featuring two hotels (3 and 4 stars) and a residential building on the former site of Hôpital Léopold Bellan. Targeted at hospitality operators and individual residential buyers.
• Etoile du Nord An 18,000 m² Haussmannian office complex near Gare du Nord (Paris 10e), developed for BNP Paribas Assurances. Targeted at large institutional investors.
• 107 Boétie A 2,800 m² intelligent Haussmannian office building in Paris 8e, involving rehabilitation of the former headquarters of the Institut Géographique National. Targeted at businesses and SOFERIM itself.
• Trio Daumesnil A 13,000 m² eco-responsible tertiary pole in Paris 12e, comprising three automated office buildings on a former SNCF site. Targeted at businesses and institutional tenants.
• 15ème Art A residential project in Paris 1er comprising 8 townhouses, 3 buildings with 27 apartments, and 600 m² of outdoor spaces, located on a 1,589 m² plot. Targeted at individual buyers and investors.

Quantifiable outcome

• 90,000 m2 of various programs delivered including 900+ housing units at Parc des Musiciens alone
• +2 more outcomes

Named customers11 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Five partnerships are on record, tiered core and minor.

• Palais de TokyocoreGTM or Marketing Partner · 1 January 2019SOFERIM became a patron of Palais de Tokyo's 'ON AIR' exhibition by Tomás Saraceno. This partnership aligns with SOFERIM's values of boldness and creativity, supporting immersive artistic installations at the intersection of art, science, and architecture.
• Drawing Now Art FaircoreGTM or Marketing Partner · 1 January 2011Official partner since first edition in 2007, SOFERIM created the Drawing Now Art Fair prize in 2011, providing financial support to the Contemporary Drawing Fund. The 5,000 euro annual prize rewards artists under 50 presented at the fair's focus stand, selected by an independent committee.
• BilumminorStrategic or Co-development PartnerEco-responsibility partnership for recovering construction site banners at the end of each project, transformed into bags and pouches. Demonstrates SOFERIM's commitment to environmental responsibility in construction.
• Les Petits Lutins de l'ArtcoreStrategic or Co-development PartnerPersonal commitment of Jean Papahn, SOFERIM's founder. Foundation created in 2011 to help children with psychological or relational difficulties through art therapy centers in Ile-de-France. First pilot center opened in Bourg-la-Reine in 2015, with a new center at 30 rue de la Tombe-Issoire in Paris 14th arrondissement.
• Ministry of Culture - 'Un immeuble, une oeuvre' ProgramcoreStrategic or Co-development PartnerSOFERIM participates in the Ministry of Culture's program 'Un immeuble, une oeuvre' which promotes young contemporary artists by integrating original artworks in building common areas. SOFERIM has installed works by Marie Denis in Les Jardins Bonaparte and Stéphane Perraud's work on Drawing Hotel's facade.

Scale indicators5 records

Recent moves6 records

Expansion highlights1 record

Direct peers

• Nexity: France's largest residential and diversified real estate developer, with substantial Paris/Ile-de-France operations across residential, office and serviced residences. Directly competes with SOFERIM for residential buyers, institutional mandates and urban redevelopment sites, albeit at a much larger scale.
• Kaufman & Broad: French-listed residential developer (Euronext Paris) with a Paris-region focus on apartments, single-family homes and managed residences. Competes directly with SOFERIM's residential business, particularly on forward sales (VEFA) to individual buyers in the Paris basin.
• Emerige: Paris-based family-owned real estate developer focused on innovative urban projects, heritage reconversion and mixed-use developments — closely aligned with SOFERIM's boutique, complex-project positioning. Comparable in size and selective on Paris-area heritage opportunities.
• Sogeprom: French real estate developer (subsidiary of Société Générale) focused on residential and mixed-use programs in Paris and major French cities. Comparable to SOFERIM in Paris-region residential and office development, with similar institutional partner profiles.
• OGIC: French residential and mixed-use developer with a strong Paris-region footprint, delivering residential programs across Ile-de-France. Comparable in scale and customer base to SOFERIM's residential operations.

Broad incumbents

• Vinci Immobilier: Real estate subsidiary of global construction group Vinci, active in residential and commercial development across France. Competes with SOFERIM in Parisian residential and at major institutional tenders, with materially larger capital base.
• Bouygues Immobilier: Real estate subsidiary of Bouygues Group and one of France's largest developers across residential, office, retail and mixed-use. Overlaps with SOFERIM in commercial real estate and large tender bids, with a much broader portfolio and national scale than SOFERIM.
• Eiffage Immobilier: Real estate development arm of Eiffage Construction, active in residential, office and serviced residences across France. Competes with SOFERIM in Parisian residential and mixed-use, supported by a major construction group's balance sheet.
• Icade: Real estate subsidiary of Caisse des Dépôts, focused on office, residential, healthcare and public-interest real estate. Overlaps with SOFERIM in Paris office development (similar institutional investor base) and selected residential projects.
• Altarea Cogedim: Diversified French real estate group active in residential (Cogedim), office, retail and mixed-use development. Broadly competes with SOFERIM across asset classes, with national scale and a stronger retail pipeline.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UClRlQFKL4wfJ1RvJIr3XY5g
• LinkedInlinkedin.com/company/soferim

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about SOFERIM